Race matters when it comes to economic inequality

Gerald recently commented that race and poverty are not intertwined, but this article from today’s NYTimes shows that race makes all the difference. The economic recession has eliminated many of the economic gains made by African Americans. This is due in part to the fact that it looks like at least one bank targeted non-white neighborhoods for high interest mortgages and consolidations.

Advertisements
This entry was posted in Uncategorized. Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s